In modern economic studies, international economics is the most signigicant economics is a separate branch of economics because of typical nature of international trade and economic relations. Moreover, it is an enquiry into ever-changing facts, events and dynamism of the world trade in modern era. It deals with issues, problems and facts of foreign trade and policies the world over a both their positive and normative aspects.
International economics blends both micro and macro economics in the context of trade and economic relations, finance and exchange among nations towards properity, growth and development of global trade and welfare.
The present volume aims at catering to the oft-repeated demand by students and teachers alike for an updated, and modern treatment to the subject of international economics.

 Contents :

1. THE NATURE OF INTERNATIONAL TRADE
2. THE CLASSICAL THEORY OF INTERNATIONAL TRADE
3. GENERALISED THEORY OF RICARDIAN COMPARATIVE COST ADVANTAGE
4. OPPORTUNITY-COST VERSION OF COMPARATIVE ADVANTAGE PRINCIPLE
5. HECKSCHER-OHLIN THEOREM MODERN THEORY OF INTERNATIONAL TRADE
6. FACTOR ENDOWMENT THEORY: REVISITED
7. RECENT DEVELOPMENT IN THEORIES OF INTERNATIONAL TRADE : AN OVERVIEW
8. GAINS FROM INTERNATIONAL TRADE
9. TERMS OF TRADE
10. TECHNICAL PROGRESS AND INTERNATIONAL
11. THE RATE OF EXCHANGE
12. THE BALANCE OF PAYMENTS
13. INTERNATIONAL CAPITAL MOVEMENTS
14. FREE TRADE VS. PROTECTION
15. TARIFFS
16. IMPORT QUOTAS
17. EXCHANGE CONTROL
18. MISCELLANEOUS PROTECTION TECHNIQUES
19. STATE TRADING
20. INTERNATIONAL GOLD STANDARD
21. INTERNATIONAL MONETARY FUND
22. INTERNATIONAL FINANCIAL INSTITUTIONS
23. MAJOR ISSUES OF THE INTERNATIONAL MONETARY SYSTEM: THE PROBLEM OF INTERNATIONAL LIQUIDITY
24. THE THEORY OF CUSTOMS UNIONS
25. THE EUROPEAN ECONOMIC COMMUNITY
26. GENERAL AGREEMENT ON TARIFFS AND TRADE GATT
27. THE WORLD TRADE ORGANIZATION (WTO)
28. UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT (UNCTAD)
29. EURO-DOLLAR MARKET
30. REGIONAL ECONOMIC INTEGRATION AMONG DEVELOPING COUNTRIES
31. INDIA`S FOREIGN TRADE
32. INDIA`S BALANCE OF PAYMENTS
33. MULTINATIONAL CORPORATIONS

SELECTED BIBLIOGRAPHY